BUSINESS ADMINISTRATION
ENTREPRENEURIAL DEVELOPMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The word entrepreneur is derived from the ____ word ‘entreprende’
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Japanese
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English
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Latin
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French
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Explanation:
Detailed explanation-1: -Entrepreneur is a French word probably coined by the economist Jean-Baptiste Say from the word entreprendre, which is usually translated as “undertaker” or “adventurer."1 Say studied Smith’s book and, while agreeing on all points, found that the omission of enterprising businessmen was a serious flaw.
Detailed explanation-2: -Entrepreneur is derived from a french word ‘entreprendre’ which means to ‘undertake’ or a person who undertakes the responsibility of building a new business taking on financial risks.
Detailed explanation-3: -The word ‘entrepreneur’ is derived from the French word entreprendre. It means ‘to undertake’. Thus, entrepreneur is the person who undertakes the risk.
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